Kofa logo — Sustainable Energy & Distributed Battery Network for Sub-Sah...

Kofa

Sustainable Energy & Distributed Battery Network for Sub-Saharan Africa.

Founded 2021 Ghana Ghana 27 employees Seed

General Information

Company Name Kofa
Founded Year 2021
Location Ghana Ghana
Employees 27
Funding Stage Seed
Social

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About Kofa

Kofa is a startup based in Accra, Ghana, founded in 2021 with the aim of revolutionizing energy access in sub-Saharan Africa. The company's slogan "Sustainable Energy & Distributed Battery Network for Sub-Saharan Africa" encapsulates their mission to create an affordable and sustainable electricity network for all. Kofa's initial focus on electric motorcycles, powered by an advanced battery network, reflects their commitment to transitioning mobility away from fossil fuels. Additionally, the company plans to expand the application of their battery network to support various energy needs, including business operations and residential use. Kofa recently secured seed round investment in May 2023 from an impressive group of investors, including Mercy Corps Ventures, Wangara Green Ventures, Shell Foundation, and the Foreign, Commonwealth & Development Office. This diverse set of backers not only indicates growing interest in sustainable energy solutions but also provides Kofa with a strong network of support and expertise. As the company continues to develop its offerings and expand its reach, the backing of these influential investors positions Kofa for growth and impact in the energy sector.

Taxonomy: sustainable energy, distributed battery network, electric vehicles, energy access, technology, innovation, Africa, Accra, Ghana, mobility, battery technology, energy transition, electricity network

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 4
Mercy Corps Ventures, Wangara Green Ventures +2
24 May 2023

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FAQ About Kofa

Sustainable Energy & Distributed Battery Network for Sub-Saharan Africa.
Kofa was founded in 2021.
Kofa is headquartered in Ghana.
Kofa has approximately 27 employees.
Kofa has completed 1 funding round. The latest funding stage is Seed.
Top alternatives and competitors to Kofa include Omnivoltaic Energy Solutions - OVES, Chargepoint Europe BV, fox e-mobility, Cerius-Radius, ReJoule. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Kofa and Omnivoltaic Energy Solutions - OVES are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Kofa, https://bouncewatch.com/company/kofa, updated 28 November 2024. When citing, please name BounceWatch and link this page.

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